cover image: Investors Favor Political Disclosures for Companies, Poll Finds

Investors Favor Political Disclosures for Companies, Poll Finds

20 Aug 2024

In the survey, from the Zicklin Center for Governance and Business Ethics at the University of Pennsylvania’s Wharton School and the Center for Political Accountability, 87% said public companies should be required to have a code of conduct to set rules for their political spending. [...] Zicklin and the Center for Political Accountability said the findings boost their efforts to urge companies to adopt their model code of conduct for political spending. [...] The poll also found that 86% supported the idea of requiring corporations to disclose their political spending on their company website on a semi-annual basis and 75% supported requiring corporations to disclose contributions made to trade associations which are then used for political purposes. [...] In addition to the poll, the Center for Political Accountability is releasing a new report about corporate funding of state-focused groups, including the Republican Governors Association and the Democratic Governors Association. [...] Elevance Health, Altria, CVS Health, and Comcast are among the companies that have donated the most to the governors’ associations, as well as the Republican Attorneys General Association, Democratic Attorneys General Association, Republican State Leadership Committee, and Democratic Legislative Campaign Committee, the Center for Political Accountability found.

Authors

Bruce Freed

Pages
2
Published in
United States of America

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